Tag: International Development
Multilateral development banks call for new focus in sub-Saharan Africa
Unanimous call for urgent focus on the private finance sector to help recovery and response after tough 2020.
€1bn Bosnia highway takes another step forward
The €1bn Bosnia and Herzegovina stretch of the Corridor Vc project is set to take a step forward as the EU raises its grant funding
ADB invests $112m in Indian water supply
Asian Development Bank backs project to strengthen infrastructure across four towns in Jharkhand.
AfDB gives $118m for irrigation and electricity projects in Ethiopia
Grants given to two projects, one to boost the economy and the other a new Ethiopia-Djibouti energy connection.
Coal-powered energy heads for record highs
Major rebound in global energy demand not being met by renewables, says IEA.
Decarbonising Latin American and Caribbean economies will create 15 million jobs
IDB study finds that every dollar invested in greening economies repays four dollars.
IEA commends Portugal’s energy investment
Agency commends cuts to fossil fuel dependence, its approach to sustainability in its recovery stimulus, and early work towards hydrogen power.
Green Climate Fund commits $500m to four projects
Four new climate projects will mobilise $3bn for climate action in Africa, Asia, and Latin America.
AIIB partners with Global Infrastructure Bank
Partnership provides AIIB clients with access to GIF funds, knowledge and expertise.
EDB plans $10.9bn spend for next five years
2022-2026 strategy represents a tripling of investment portfolio and project financing.
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